Economic Growth Opportunities for Russia Getting Bigger, Should Be Used - Russian Official
ST. PETERSBURG (Sputnik) - The economic growth opportunities for Russia are getting bigger, and they should be used, Russian Presidential Executive Office Deputy Chief of Staff Maxim Oreshkin said on Thursday. "The opportunities that our economy has are getting bigger and bigger. This is what you n»»»
Industrial producer prices up 10.3% in April
Industrial producer prices on the total market (domestic and external markets combined) in Romania increased by 10.3% in April 2026 compared with the same month in 2025, according to data published on Wednesday by the National Institute of Statistics (INS).According to the statistical office, indus»»»
Chamber of Commerce and Industry of Romania to open first overseas office in Guangzhou
The Chamber of Commerce and Industry of Romania (CCIR) will open its first-ever overseas representative office in Guangzhou, the capital of China's Guangdong Province, which will serve as a permanent contact point for promoting economic and educational exchanges between Romania and China.According »»»
AmCham: Only 33% of companies expect investment growth in 2026
Only 33% of AmCham Romania member companies estimate an increase in investments this year, in the context of a high level of economic uncertainty and concerns regarding macroeconomic imbalances, shows the eighth edition of the AmCham survey on the investment and business climate offered by Romania »»»
EBRD expects Romania's GDP to decline by 0.2% this year
The European Bank for Reconstruction and Development (EBRD) has worsened forecasts for the Romanian economy this year, indicating a decline of 0.2%, compared with a 1.2% growth forecast in February, according to the "Regional Economic Prospects" report published by the international financial insti»»»
Study: Three out of ten Romanians think 2026 will be more difficult than 2025
Three out of three Romanians consider that 2026 will be more difficult than 2025, in a context marked by economic pressure, social tensions and political uncertainty, results of a recently published study show. According to the study “Romanians' State of Mind”, made by AHA Moments, people become mo»»»
Romania exceeds 60% of absorption on NRRP
Romania has currently exceeded 60% of the absorption on the National Recovery and Resilience Plan (NRRP) and on Friday, June 5, we will most likely have the EcoFin Council that will give the final necessary check for payment request number four, the Minister of Investments and European Projects, Dr»»»
European Commission finds Romania has met its reform and investment commitments
The implementation of the key stages of the reforms and investments Romania was required to complete by April 30, 2026 appears to be generally on track, the European Commission said in its 2026 European Spring Semester Package unveiled on Wednesday.According to the Commission, Romania has started w»»»
OECD expects Romania's GDP to contract 0.1 pct in 2026, return to growth in 2027
Romania will go through a difficult short-term economic period, with GDP expected to shrink by 0.1% in 2026 after the declines recorded at the end of 2025 and the beginning of 2026, before returning to growth in 2027, when it could rise by 2.5%, according to the latest OECD Economic Outlook report,»»»
FinMin Nazare:If Romania manages to maintain its fiscal-budgetary trajectory, it can aspire to improve its rating in 2027
Investors are not asking for promises but for execution, stability and continuity, Romania has good arguments, which must be supported by figures, consistent decisions and by the ability to carry through reforms and investments, and if the country manages to keep up its fiscal and budgetary traject»»»
Romania and Philippines ForMins agree to organize meeting for safe and stable maritime environment
The Minister of Foreign Affairs, Oana Toiu, had a meeting with her counterpart from the Philippines, Maria Theresa P. Lazaro, in which context they decided to co-organize, at the UN General Assembly, the second edition of the ministerial meeting dedicated to strengthening international cooperation »»»
Romania strongly condemns Iran's attacks on Kuwait and Bahrain
Romania strongly condemns Iran's recent attacks on Kuwait and Bahrain, Acting Foreign Minister Oana Toiu said on Wednesday.In a post on X, Toiu stressed that the attacks constitute a serious violation of the sovereignty and territorial integrity of the two states and "a grave threat to regional pea»»»
Drone downed in Galati: United Kingdom summons Russian ambassador
The British Foreign Office announced on Wednesday that it had summoned the Russian ambassador after a Russian drone hit a residential building in Romania, last week, Reuters reports. British Foreign Secretary Yvette Cooper condemned the incident, which happened during a Russian air attack on Ukrain»»»
Four Italian Eurofighters arrive at Mihail Kogalniceanu Air Base for Enhanced Air Policing missions
Four Italian Air Force Eurofighter Typhoon aircraft landed on Wednesday at the 57th Air Base in Mihail Kogalniceanu, Constanta County, to strengthen the security of Romania's airspace.According to a statement by the Ministry of National Defence, the detachment of around 180 personnel (pilots and te»»»
OSCE meeting: 43 participating states issue statements of support and solidarity with Romania
A number of 43 participating states in the Organisation for Security and Co-operation (OSCE) meeting on Tuesday voiced their support and solidarity for Romania, expressing compassion for the victims affected by the drone incident which occurred last week in Galati, a Foreign Affairs Ministry (MAE) »»»
Bolojan, Weber discuss Romania's political situation
Acting Prime Minister and National Liberal Party (PNL) leader Ilie Bolojan met European People's Party (EPP) President Manfred Weber in Bucharest on Wednesday to discuss Romania's political situation, stressing that the PNL must preserve its identity and clear direction as a centre-right, pro-Europ»»»
Free charging expands across SM supermalls as Philippine EV adoption accelerates
Manila: Electric vehicle owners in the Philippines are finding it easier to travel long distances as SM Supermalls rapidly expands what has become the country's largest network of free EV charging stations. The mall giant recently announced that it now operates more than 183 electric vehicle charge»»»
Israel strikes south despite truce announcement
The Israeli army carried out airstrikes in south Lebanon on Thursday, hours after Israel and Lebanon agreed to implement a ceasefire. An Israeli airstrike targeted a vehicle on the Zefta road, while other strikes targeted Kfartebnit, Shehour, Bestat and Kfar Remman-Habboush. Hezbollah meanwhile cla»»»
Indonesia arrests Australian for 59 ml of ‘medical’ cannabis
MATARAM: Indonesian police have arrested an Australian woman found with 59 milliliters of vape liquid containing cannabis that she said was for pain relief but can land her in prison. The woman, 53, risks 20 years behind bars under Indonesia’s no-exceptions anti-drug laws, narcotics officer I Nyoma»»»
Israel far-right minister slams ceasefire with Lebanon as 'serious mistake'
Israel's far-right National Security Minister Itamar Ben Gvir criticized on Thursday a ceasefire deal with Lebanon brokered by Washington, calling it a "serious mistake". "The ceasefire with Lebanon is a serious mistake and the pipe dreams of advisers are dragging the prime minister (Benjamin Netan»»»
Iran says no 'tangible progress' in war talks, Trump says deal close
Iran's foreign minister said on Wednesday that negotiations to end the Middle East war had made "no tangible progress" after fresh US and Iranian strikes tested a fragile ceasefire. Kuwaiti officials said an Iranian drone strike on Kuwait International Airport killed one person and wounded 63, whil»»»
Indonesia Bets on BRICS Tech Partnerships to Fuel Its Industrial Rise
Indonesia sees BRICS as a gateway to transforming the country into a technology-producing nation, BRIN Steering Committee member Tri Mumpuni tells Sputnik on the SPIEF 2026 sidelines. “I have seen firsthand how Russia and China possess remarkable technology, and we should cooperate so that this tec»»»
LIVE UPDATES: St. Petersburg International Economic Forum Day 2
The 29th St. Petersburg International Economic Forum runs from June 3 to 6 under the theme "Pragmatic Dialogue: The Path to a Stable Future." The event brought together representatives from more than 130 countries. The agenda, spanning over 380 events, prioritizes joint ventures, settlements in nat»»»
Brazil striker Igor targets World Cup glory
New Jersey, USA: Brazil striker Igor Thiago said Wednesday he is eager to make history as the South American team bids for its sixth World Cup title in the United States, Canada and Mexico. The 24-year-old described the June 11-July 19 tournament as a "unique chance" that he doesn't intend to waste»»»
Trump Nominates Florida Lobbyist With No Foreign Policy Experience as Ambassador to Bulgaria
Donald Trump has nominated Douglas Holder to serve as the next United States Ambassador to Bulgaria, a move that now requires approval from the U.S. Senate Foreign Relations Committee before advancing to a full Senate vote, BGNES reported. Holder is a Republican figure with a long political and lob»»»
Minister of Transport discusses with Chinese Ambassador benefiting from China’s experience in transportation, resuming direct flights
The Minister of Transport, and Financial Advisor to the Prime Minister, Mohamed Al-Shahoubi, received the Ambassador of China at the Ministry’s Tripoli headquarters yesterday. During the meeting, they discussed ways to strengthen and develop bilateral relations between Libya and China, and specific»»»
OECD Cuts Bulgaria Growth Forecast, Warns of Higher Inflation and Energy-Driven RisksOpinions
The Organization for Economic Co-operation and Development (OECD) has revised its outlook for Bulgaria, lowering expectations for economic growth in the coming years while warning of persistent inflationary pressure driven by energy costs and rising public spending. In its latest Economic Outlook p»»»
China’s BYD captures 35% of Africa EV market, as latecomer rival Tesla bets on Morocco
Chinese automaker BYD Company Ltd (SZSE:002594; HKEX:1211) has significantly strengthened its presence in Africa’s emerging electric vehicle (EV) market, increasing its market share to 35% in 2025 from just 4% two years prior, according to the Global EV Outlook 2026 report, published by the Interna»»»
On This Day, June 4: German occupiers flee Rome during World War II - UPI.com
On June 4, 1944, the last of German occupiers fled Rome ahead of the advancing U.S. 9th Army. 1 of 7 | On June 4, 1944, the last of German occupiers fled Rome ahead of the advancing U.S. 9th Army. File Photo courtesy of the German Federal Archives On this date in history: In 1783, the first public »»»
China activates emergency response over expected rainstorms in coming Dd
Beijing, China: China’s Ministry of Emergency Management activated a Level 4 national emergency response to address geological disasters in Jiangxi, Hunan, and Guizhou provinces, amid forecasts of heavy rain and storms in the coming days. The weather forecast indicates that parts of north-central J»»»
Nepali Climber Alive after Six Days Missing on Everest
A Nepali climbing guide who went missing on Mount Everest for six days and was feared dead has been found alive after crawling back to Base Camp, officials told AFP on Thursday. The experienced Hillary Dawa Sherpa vanished on the upper reaches of the world's highest mountain early on May 30. He was»»»
Katz: Israel to Continue Operations in Lebanon for Now Despite Ceasefire
Israel will continue its operations on the ground in southern Lebanon for the time being and Lebanese residents forced from their homes by Israel would not be able to return, Defense Minister Israel Katz said on Thursday. His comments came a day after Lebanon and Israel said they had agreed to imp»»»
Washington announces ceasefire agreement between Israel, Lebanon
Washington, USA: The US announced that Israel and Lebanon had reached a ceasefire agreement, following the conclusion of the second and final day of the fourth round of negotiations between the two sides in Washington. The US State Department said in a statement that the two sides, at the direction»»»
Oil falls, with brent crude recording $97.14 per barrel
Beijing, China: Oil prices declined Thursday, after gains in previous sessions, amid investors monitoring developments in global markets. Brent crude futures fell 67 cents, or 0.69%, to $97.14 per barrel, while US West Texas Intermediate (WTI) crude dropped 62 cents, or 0.65%, to $95.40 per barrel.»»»
Oil falls as Lebanon and Israel agree on a ceasefire
BEIJING/PERTH: Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the US-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz. Brent futures were down 87 cents, or 0.89 percent, at $96.92 a barrel by 07:5»»»
Israeli strike targets car on Zefta road despite truce announcement
An Israeli airstrike targeted a car on the Zefta road in the country's south on Thursday, hours after Israel and Lebanon agreed to implement a ceasefire.»»»
Civil Defense: Israeli Strikes Kill at Least 8 in Gaza
Israeli attacks on Gaza killed at least eight people on Thursday, a spokesman for the civil defense agency in the Palestinian territory told AFP. "At least eight martyrs as a result of Israeli airstrikes on Gaza City at dawn," with seven killed in strikes on residential buildings and one in the Al-»»»
Egypt Says Close to Issuing $500 Million Japan Samurai Bond
Egypt is finalizing plans for its first yen-denominated bond sale in three years, Foreign Minister Badr Abdelatty told Reuters on a trip to Japan on Thursday. The African Development Bank said in December it would partially guarantee Cairo's planned $500 million-equivalent Samurai bonds on the Japa»»»
Overnight fighting in Mogadishu, smoke over city: AFP
MOGADISHU: Heavy gunfire shook Somalia’s capital overnight and smoke rose over the city on Thursday, AFP journalists reported, after pitched battles erupted between political factions ahead of planned protests. President Hassan Sheikh Mohamud plunged Somalia into a new political crisis in mid May w»»»
Indian police arrest hotel owner after deadly fire
NEW DELHI: Indian police have arrested the owner of a New Delhi hotel where a fire killed 21 people, as investigators probe safety failures. Police said owner Lavkesh Bajaj was arrested late Wednesday, hours after the blaze gutted the building, killing at least nine Indians and several foreigners. »»»
‘All maps are abstractions of reality’ — inside ‘A Necessary Fiction’
VENICE: “A Necessary Fiction: Maps, Art, and Models of Our World” is a Saudi-backed exhibition being staged alongside the 61st Venice Biennale. The show is curated by Sara Almutlaq and Aurora Fonda alongside associate curators Zaira Carrer and Amina Diab and exhibition designers Ibrahim Kombarji an»»»
Mexico’s popular former president blasts Trump as US ties hit low
MEXICO CITY: Former Mexican President Andrés Manuel López Obrador accused Washington on Wednesday of employing “interventionist and unscrupulous practices” to bolster Mexico’s right-wing opposition and weaken his leftist political movement. The remarks come amid escalating tension between the Unit»»»
Sofia Hosts Its First Climate Festival - Heat Fest 2026
From June 4 to June 6, the first edition of Sofia's climate festival Heat Fest 2026 will transform Banski Square in front of the Regional History Museum into an open space for ideas, urban solutions, activities for people of all ages, culture and science, Sofia Municipality reported on Thursday. Or»»»
Young talent shines as QCA concludes schools chess championship
Doha, Qatar: The Qatar Chess Association (QCA) has successfully concluded the Qatar Foundation Primary Schools Championship 2026, held in cooperation with Qatar Foundation for Education, Science and Community Development and the Ministry of Sports and Youth. The tournament featured 47 players repre»»»
Critical raw materials: can Romania help reduce Europe’s dependence on China?
Almost without realising it, Europe has outsourced the industrial foundations of its future to a single supplier. This is no longer about Russian gas; that lesson was learned through soaring energy bills and a war at the European Union’s borders. The new challenge concerns critical raw materials: r»»»
Occupation Breaches Ceasefire Hours After Announcement
The Israeli occupation has continued its attacks on southern Lebanon, just hours after a ceasefire agreement was announced in Washington between the Lebanese government and ‘Israel’. In a series of ongoing violations, an Israeli drone targeted a car on the Zifta Kfarwa road, causing injuries. Concu»»»
IMF Praises Saudi Economy’s Resilience
The International Monetary Fund (IMF) affirmed that the Saudi economy has demonstrated high resilience in the face of regional geopolitical tensions that have obstructed navigation in the Strait of Hormuz. The Fund praised the Kingdom's ability to contain the fallout from the navigation disruption »»»
Oil Falls as Lebanon and Israel Agree on a Ceasefire
Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the US-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz. Brent futures were down 87 cents, or 0.89%, at $96.92 a barrel by 0458 GMT, while US West Texa»»»
Lebanon State Media Reports Israeli Strikes after Conditional Truce Announcement
Lebanese official media reported Israeli strikes on the country's south on Thursday morning, hours after an announcement that Israel and Lebanon had agreed to implement a conditional ceasefire following talks in Washington. The state-run National News Agency (NNA) reported Israeli drone strikes alo»»»
Asyad Group expands its global footprint with the acquisition of a controlling stake in Uzbekistan’s logistics platforms
Asyad Group, the global integrated logistics provider, announced the closing of a strategic transaction to acquire a controlling stake in key logistics platforms in Uzbekistan, marking its direct entry into Central Asia's fastest-growing logistics market. The transaction, executed in partnership wi»»»